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Closing Time! What to Expect at a Ship Sale & Purchase Closing Meeting

United Arab Emirates - September 1 2019 Ship sale and purchase transactions typically consist of several stages. A rough outline of stages may include: preliminary negotiations; inspection…

Gabriel Xianliang Yuen, Omar N. Omar.

Positioning the UAE as a Global Superyacht Destination

United Arab Emirates - October 22 2018 Concerted efforts are underway to establish the UAE as a global destination for superyachts. Ambitious infrastructure projects catering to superyachts…

Omar N. Omar.

Ship Finance Review: Considering “SHIPTERM” & the UAE Secured Transactions Law

United Arab Emirates - October 30 2017 In this article the authors consider developments affecting regional ship finance. The article starts by assessing a new standardised term-sheet by…

Mamoon Khan.

So, You Want to Buy a Ship? Sale & Purchase Essentials

United Arab Emirates - July 17 2017 Selling a ship is similar to sailing a ship. It cannot be done by one person. Both require a collaborative effort, with a full complement of crew…

Securing Ship Finance Transactions in the UAE

United Arab Emirates - October 31 2016 Bank financing of new and second-hand ships remains the leading source of finance for shipowners. This traditional source of finance has been forced…

Mamoon Khan, Omar N. Omar.